Indonesian Political, Business & Finance News

Archive: 7 April 1999

52 articles found

Four tourists die in Bali

Four tourists die in Bali DENPASAR, Bali: The bodies of four tourists, two of them foreigners, have been discovered in the past three days here, Antara reported.An Australian and a Swede, identified only as Snellgrove and Pirkko, were found dead in their hotel rooms on Monday and Saturday...

Tribal communities cry out for justice

Tribal communities cry out for justice JAKARTA (JP): State Minister of Agrarian Affairs Hasan Basri Durin was probably not ready to be a target of people's anger but he managed to stay calm during the first congress of Indigenous people held here recently.

Army elite force members jailed for abductions

Army elite force members jailed for abductions JAKARTA (JP): A military court sentenced 11 Army's Special Force (Kopassus) soldiers on Tuesday between one year and 22 months in jail for abducting nine political activists in the last month of Soeharto's regime.

Women protest harassment in Purbalingga incident

Women protest harassment in Purbalingga incident JAKARTA (JP): About 20 women grouped in Solidaritas Wanita Indonesia protested the harassment of women at last week's Golkar function in Purbalingga, Central Java, at the General Elections Commission (KPU) office in Central Jakarta.

Voter registration still sluggish on second day

Voter registration still sluggish on second day JAKARTA (JP): While the second day of voter registration saw slow progress, chairman of the General Elections Commission Rudini expressed optimism that despite the slow process of voter registration which began Monday, within a week people would...

SE Asian monies fall on weaker yen

SE Asian monies fall on weaker yen SINGAPORE (Dow Jones): The Philippine peso rose and the Thai baht fell in a day of otherwise quiet trading in Southeast Asian currency markets on Tuesday.Among other regional currencies the Singapore dollar, the Indonesian rupiah, the new Taiwan dollar and the...

New hope for RI's diplomacy

New hope for RI's diplomacy This is the first of two articles on the development of Indonesia's diplomacy prepared on a personal basis by Widjoseno Sastroamidjojo, a staff member of the Ministry of Foreign Affairs.

80 disabled workers sue arbitration board

80 disabled workers sue arbitration board JAKARTA (JP): At least 80 disabled workers are suing the Labor Dispute Arbitration Board at the Ministry of Manpower for approving their dismissal from a workshop for the handicapped, a lawyer said on Tuesday.

City owes PLN Rp 1.8b in bills

City owes PLN Rp 1.8b in bills JAKARTA (JP): The city administration owes state-owned electricity company PLN about Rp 1.85 billion in unpaid electricity bills up to February this year, a senior official of PLN's Gambir office said on Tuesday.

People of Jambi complain of heat

People of Jambi complain of heat JAMBI, Jambi: The dry season is expected to arrive in May but people here already are complaining about extreme heat, which the local meteorology agency reported at 33 degrees Celsius, well above the normal maximum temperature of 32 degrees.

Obituary

Obituary JAKARTA (JP): The founder, general manager and chief editor of the Surabaya Post afternoon daily, Toety Azis, died at her Surabaya home on Tuesday morning.Managing editor Syahrul Bahtiar Hidayat told Antara news agency that Toety, 74, was not known to be suffering from any health problems.

Offended Bogor resident kills businessman, wife

Offended Bogor resident kills businessman, wife BOGOR (JP): In some cases, a few harsh words can lead to brutal murder.Pono, 36, said at the Bogor Police Headquarters on Monday that he was deeply offended after being called "a dog" by a local businessman.

Educational program for cart drivers

Educational program for cart drivers BANDUNG: Mitra Mandiri Foundation, an affiliate of the United States-based United Way International in Indonesia, is sponsoring an educational program for school-aged horse cart drivers in Majalaya, West Java, near here.

Central Java regencies prone to malaria

Central Java regencies prone to malaria SEMARANG: Central Java Governor Mardiyanto warned on Tuesday residents in nine of the 35 regencies in the province of possible malaria outbreaks.The malaria-prone regencies are Kebumen, Pekalongan, Banjarnegara, Pemalang, Cilacap, Jepara, Wonosobo, Magelang...

Cement exports may reach 11 million tons this year

Cement exports may reach 11 million tons this year JAKARTA (JP): Indonesia saw over a 450 percent increase in its cement exports in 1998 and this trend is likely to continue this year as most local cement producers have shifted their focus to overseas markets.

Draft bill to codify foreign affairs submitted

Draft bill to codify foreign affairs submitted JAKARTA (JP): A draft bill to codify Indonesia's foreign affairs was submitted here on Tuesday to the House of Representatives for deliberation."With the law, it is hoped that our foreign affairs will be more efficient, directed and coordinated,"...

Preelection apathy

Preelection apathy Posts were mostly inactive on the first of the 33 days reserved for the registration of voters for the June 7 general election. This phenomenon prevailed not only in many regions, but also in Jakarta, the capital.

Resolving bad loans

Resolving bad loans Its dual function as a bank support authority and debt- resolution agency has made the Indonesian Bank Restructuring Agency (IBRA) both the largest holding company in the country and the most powerful institution in the banking industry.

Autonomy beyond control

Autonomy beyond controlFrom Media IndonesiaThe plan to replace Law No. 5/1974 on regional administrations must be gladly responded to. One thing still causes concern, though. If we read carefully the bill now being deliberated upon and set for approval on April 9, 1999, we will come to the...

KL maintains loose policy, clings to capital controls

KL maintains loose policy, clings to capital controls KUALA LUMPUR (AFP): The Malaysian government said on Tuesday it will increase liquidity and lower interest rates but will cling tenaciously to its selective capital exchange control measures to spur economic growth.

Malaysia, Russia to expand ties

Malaysia, Russia to expand ties KUALA LUMPUR (Reuters): Malaysia and Russia agreed on Tuesday to strengthen their defense cooperation, including military training and the joint production of equipment.The defense ministry said senior officials from the two countries signed a memorandum of...

Parties to encourage members to register for election soon

Parties to encourage members to register for election soon JAKARTA (JP): Executives of provincial chapters of several major political parties in the capital insisted on Tuesday that they would directly encourage their cadres here to voluntarily register for the upcoming June 7 general election as...

China postpones execution of Thai

China postpones execution of Thai BANGKOK (DPA): China has postponed the execution of a Thai national convicted of smuggling 1.5 tons of marijuana into the country, news reports in Bangkok said on Tuesday.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on April 6, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,670.00 8,750.00 8,670.00 8,790.00Australian dollar 1 5,446.85 5,539.80 5,421.00 5,589.00Austrian schilling 1 672.27 683.49 - -Belgian franc 1 229.

Hanoi bids to host 2003 SEA Games

Hanoi bids to host 2003 SEA Games HANOI (AP): Vietnam's most powerful political organ has officially endorsed the country's bid to host the Southeast Asian Games in 2003, the Communist Party newspaper Nhan Dan reported Tuesday.

Violence clashes continue in Tual and Singkawang

Violence clashes continue in Tual and Singkawang JAKARTA (JP): More violence shook the Maluku town of Tual and the West Kalimantan town of Singkawang, claiming at least five lives on Tuesday.The latest fatalities bring the death toll in Maluku in the last few days to over 55.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 6, 1999: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alakasa Industrindo 75 0 0 Alter Abadi 200 0 0 Alumindo Light Metal 500 125...

Govt to pull forestry funds from embattled state banks

Govt to pull forestry funds from embattled state banks JAKARTA (JP): Forestry funds amounting to Rp 2.6 trillion (US$305.8 million) currently deposited at state banks will be withdrawn, a minister said on Tuesday.

PSIS fan dies from injuries

PSIS fan dies from injuries JAKARTA (JP): One of five injured soccer fans of PSIS Semarang soccer team died on Sunday after four days of intensive care at Cipto Mangunkusumo General Hospital.Jimmy Riyanto Wibowo's death brought to 11 the toll of PSIS fans who died from being crushed by trains or...

Manado people greet both Ligina finalists

Manado people greet both Ligina finalists JAKARTA (JP): Manadonese provided an evenhanded welcome to PSIS Semarang and Persebaya Surabaya players in the North Sulawesi capital on Tuesday, placing banners for both teams along the route from the airport to their hotel.

'Illegal miners will be tackled'

'Illegal miners will be tackled' JAKARTA (JP): The South Kalimantan provincial administration has promised to tackle escalating illegal mining activities in the mining resource-rich province to provide security to investors.

Aceh-Penang ferry service

Aceh-Penang ferry service JAKARTA (JP): Malaysian ferry Langkawi II made its first trip on Monday from Langsa, eastern Aceh, to Penang, Malaysia, carrying 171 passengers."The operation of the ferry is part of a series of economic cooperations in the Indonesia-Malaysia-Thailand Growth Triangle,"...

Indonesia ratifies antibias convention

Indonesia ratifies antibias convention JAKARTA (JP): After 34 years of negligence, Indonesia ratified on Tuesday the International Convention on the Elimination of All Forms of Racial Discrimination.In a plenary session here, the House of Representatives unanimously endorsed the bill on the...

State firms could be exempted from antimonopoly law

State firms could be exempted from antimonopoly law JAKARTA (JP): State-owned firms which control certain goods and services could be exempted from the newly approved antimonopoly law, a senior official at the Ministry of Industry and Trade said on Tuesday.

No growth in LNG, coal exports to Taiwan

No growth in LNG, coal exports to Taiwan JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said on Tuesday Indonesia's liquefied natural gas (LNG) and coal exports to Taiwan were expected to remain stagnant this year.

New Zealand helps BI check inflation

New Zealand helps BI check inflation JAKARTA (JP): Reserve Bank of New Zealand (RBNZ) will advise Bank Indonesia on achieving a low-inflation economy under a memorandum of understanding signed here on Tuesday.

E. Timorese told to avoid violence

E. Timorese told to avoid violence JAKARTA (JP): The international community called on the East Timorese to avoid violence in settling their disputes, while jailed leader Jose Alexandre "Xanana" Gusmao called for the presence of a United Nations (UN) peace keeping force in the territory, following...

KPN to sue TV station over RI graft charges

KPN to sue TV station over RI graft charges AMSTERDAM (Dow Jones): Dutch telecommunications company Royal KPN NV (KPN) said Tuesday that it will take local television station KRO to court over a news report aired by the station that accused KPN of bribery in its business dealings in Indonesia.

Legislators urge govt probe of bad debtors

Legislators urge govt probe of bad debtors JAKARTA (JP): Legislators of the ruling Golkar Party are urging the government to extend its inquiry into debtors responsible for Rp 100 trillion (about US$11.7 billion) in bad loans at the country's state banks.

Pelti plans coaching team to groom juniors

Pelti plans coaching team to groom juniors JAKARTA (JP): The Indonesian Tennis Association (Pelti) will set up a coaching team next month to help national coach Deddy Prasetyo groom juniors for the country's tennis development.

Landslide kills at least three

Landslide kills at least three DENPASAR, Bali: Three people were killed and another was missing on Sunday after a landslide destroyed their house in the village of Angansari in Bali, 75 kilometers northeast of here.

Threat of Japanese encephalitis outbreak looms in Indonesia

Threat of Japanese encephalitis outbreak looms in IndonesiaBy Mangku Sitepoe JAKARTA (JP): Malaysia is in the midst of an epidemic of Japanese encephalitis that has already claimed 89 lives, mostly people living in the vicinity of pig farms.

SEAG training program in May

SEAG training program in May JAKARTA (JP): With only four months to go, the National Sports Council (KONI) will start its national training program for the 20th Southeast Asian (SEA) Games in early May at the latest.

Thailand assembles VW cars

Thailand assembles VW cars BANGKOK (DPA): Volkswagen is poised to sign a contract this month with Thailand's Yontrakit Group to locally assemble VW Passat and Audi A6 models in the kingdom, a news report said Tuesday.

Indigenous peoples tell of their misery

Indigenous peoples tell of their miseryBy Rita A. Widiadana JAKARTA (JP): L.B. Dinggit, chief of the Dayak Bentian tribe in East Kalimantan, was awarded the prestigious Goldman Environmental Prize in San Francisco in 1997.But no government recognition was forthcoming.

MIGA, Japan sign deal to develop investment insurance

MIGA, Japan sign deal to develop investment insurance TOKYO (Dow Jones): The Multilateral Investment Guarantee Agency (MIGA) has signed a memorandum of understanding on cooperation with Japan's national insurer -- the Export, Import and Investment Insurance Department of the Ministry of...

'Angkot' driver shot in abortive robbery

'Angkot' driver shot in abortive robbery JAKARTA (JP): An angkot (public transportation minivan) driver was shot in the neck by two unidentified men during an attempted robbery early Monday on Jl. Ciledug Raya, South Jakarta.

First quarter plummet in foreign direct investment

First quarter plummet in foreign direct investment JAKARTA (JP): Foreign direct investment approved by the government in the first quarter of this year plunged almost 90 percent to US$560 million from $5.1 billion during the same period last year.

Armed thieves rob 'omprengan' driver

Armed thieves rob 'omprengan' driver JAKARTA (JP): A gang of at least four armed thieves robbed a driver of an omprengan (unlicensed public transportation vehicle) late Monday, making away with the victim's Suzuki Carry minivan.

KPU hindered by absence of population data

KPU hindered by absence of population data JAKARTA (JP): Latest data on the country's population was still unavailable to the General Elections Commission (KPU) as of Tuesday, causing a further delay in the allotment of legislative seats.

Unidentified men attack police officer

Unidentified men attack police officer JAKARTA (JP): A police sergeant from the On-Alert Unit at Jakarta Police Headquarters was beaten and stabbed in the neck by two unidentified men at a small park near his house in Pasar Rebo, East Jakarta, late Monday.The wounded officer, Second Sgt.

JSX management to review composite index criteria

JSX management to review composite index criteria JAKARTA (JP): The Jakarta Stock Exchange (JSX) management said on Tuesday it would review criteria for calculating the composite index after a huge rights issue by Bank Danamon virtually left the index at its mercy.